Filed January 2, 2025 (most recent of 2 filings on file)
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $84,129 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $50,583 | $36,700+37.8% | $171,082-70.4% | $63,975-20.9% |
| Participation rate | 92.5% | 61.5%+31.0pp | 76.7%+15.8pp | 71.1%+21.4pp |
| Annual return | 6.35% | 12.80%-6.5pp | 32.56%-26.2pp | 48.65%-42.3pp |
| Employer contribution / active EE | $2,143 | $1,210+77.0% | $4,002-46.5% | $2,182-1.8% |
| Participant deferral / active EE | $4,750 | $2,696+76.2% | $4,797-1.0% | $3,356+41.5% |
| Admin fee / account holder | $24 | $68-64.4% | $8,520-99.7% | $70-65.9% |